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    Bitmain's IPO Woes

    Bitmain's IPO Woes

    Parties solicited to invest in the pre-initial public offering (IPO) funding round for Bitmain Technologies, Ltd., the leading maker of cryptocurrency mining software and hardware, received pitch decks falsely suggesting the company had secured financial backing from...
    Bitmain's IPO Woes

    Bitcoin Backed

    In January, a new token is being launched on the ethereum blockchain that will be backed one-for-one by bitcoin. An advisory committee to the U.S. Internal Revenue Service (IRS) believes the agency should provide clearer guidelines on how cryptocurrency transactions...
    Bitmain's IPO Woes

    Bitstamp Acquired

    Cryptocurrency exchange Bitstamp has been acquired by NXMH, an investment firm based in Belgium and owned by South Korean conglomerate NXCThe Korean government made waves last year when it moved to ban initial coin offerings from taking place in the country.Blockchain...
    Bitmain's IPO Woes

    Jail Time

    U.S.-based cryptocurrency exchange Coinbase has just announced $300 million in new fundingThe developer that formalized the code underlying most initial coin offerings (ICOs) – ethereum’s ERC-20 token standard – has proposed a new approach in a bid to make the...
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